Staramba SE, DE000A1K03W5

Staramba SE, DE000A1K03W5

24.08.2017 - 14:05:41

Staramba SE: World premiere of virtual reality experience VR Star Island at IFA Consumer Electronics Unlimited show in Berlin

Staramba SE: World premiere of virtual reality experience VR Star Island at IFA Consumer Electronics Unlimited show in Berlin

Berlin, 24 August 2017

Staramba SE (XETRA: 99SC), listed in the Frankfurt Stock Exchange's General Standard segment, is premiering, together with Fredi Bobic and Tim Wiese, its virtual reality (VR) experience "VR Star Island" at the IFA Consumer Electronics Unlimited trade show in Berlin. September 3, 2017 will see the global launch of Staramba's VR app at Stand 103c in Hall 26a of the IFA NEXT innovation platform. Fredi Bobic will present the Football-Stars from Real Madrid and Tim Wiese the stars of WWE (World Wrestling Entertainment, Inc.) at our stand and at the same time answer the questions of the attendants.

For "VR Star Island" more than 5,000 celebrities from the worlds of sport, films, music and entertainment were scanned with the revolutionary 3D-INSTAGRAPH(R) 2.0, The VR database consists of already more than 7,000 datasets with highly complex and, at the same time, high-quality developer work. The result is one of the world's largest VR databases and a catalogue from which the VR software "VR Star Island" will in future be able to take its pick. In "VR Star Island", the unique social experience, users can meet their real-life idols in virtual reality with the aid of VR glasses and interact with them. They can share their experiences on social media at the same time.

"There is no better location than IFA NEXT at which to present 'VR Star Island' to VR fans around the world. IFA is where the digital world meets in analogue mode. That is fine by us because we attach great importance to personal contact with customers and business partners. And absolutely everyone can look forward to 'VR Star Island' because although VR hardware technology is developing rapidly, there is still a shortage of a genuine social experience in which fans can meet their idols and stars virtually. We aim to fill this gap. I am optimistic that we will reach another important milestone on Staramba SE's way to becoming an internationally prominent enterprise in the 3D and VR sector," says Staramba SE's CEO Christian Daudert.

In virtual reality, a computer-generated virtual and interactive environment, the entire industry is setting foot on the next level of consumer electronics. In gaming or in games software, in particular, international developer studios, hardware manufacturers and social media actors such as Microsoft, Facebook, Samsung, Sony or HTC anticipate strong demand and a rapidly growing market. According to the industry service Digi-Capital, for example, sales of VR applications are set to nearly quadruple from about USD 6.5 billion in 2017 to USD 25.5 billion in 2021.

______________________________________________________________ Staramba SE (ISIN DE000A1K03W5) - General Standard/Regulated Market

About Staramba SE Staramba SE develops and markets photogrammetric 3D-scanner, apps, games and photorealistic printed 3D polymer plaster figures together with well-known licensors from international sport and entertainment. They include leading European soccer teams like the German national team, Bayern Munich, Real Madrid, Arsenal London and Chelsea FC. From the world of films and music stars such as Elvis Presley, KISS, Kiesza and Roland Kaiser are marketed for UNIVERSAL, Bravado, ABG, Epic Rights and many other brands using licensed Staramba products. The scanned persons are distributed as 3D models in a distinct 3D database and implemented in specially developed virtual worlds (VR applications). Complimentary products, based on the 3D models are sold in the company's own online shop. In Germany and other countries, we also have certified over-the-counter retail partners who can scan anyone with the Staramba 3D-INSTAGRAPH(R) 3D scanner and sell personified 3D products using the resulting 3D files. Staramba SE is listed in the Frankfurt Stock Exchange's General Standard segment.

Forward-looking statements This release contains forward-looking statements based on current experience, estimates and projections of the management and currently available information. They are not guarantees of future performance. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Many factors could cause the actual results, performance or achievements of Staramba to be materially different from those that may be expressed or implied by such statements. Forward-looking statements therefore speak only as of the date they are made. Staramba does not assume any obligation to update the forward-looking statements contained in this release or to conform them to future events or developments.

For further information, please contact: Staramba SE; Marc Heydrich, Investor Relations; Aroser Allee 66; 13407 Berlin; Germany; Tel.: +49 (0) 30 403 680 14-0; Fax: +49 (0) 30 403 680 14-1; E-Mail: heydrich@staramba.com; www.staramba.com

24.08.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Staramba SE Aroser Allee 66 13407 Berlin

Germany Phone: +49 (0) 30 403 680 14-0 Fax: +49 (0) 30 403 680 14-1 E-mail: heydrich@staramba.com Internet: www.staramba.com/ ISIN: DE000A1K03W5 WKN: A1K03W Listed: Regulated Market in Berlin, Frankfurt (General Standard)   End of News DGAP News Service

603839  24.08.2017 

@ dgap.de

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